Expanding effective investment is a key lever for stabilizing growth and improving people’s livelihoods. According to China Southern Power Grid, the company has embarked RMB 180 billion for fixed-asset investment in 2026, marking a record high for fifth consecutive year, with an annual growth rate of 9.5%. Investment will be directed primarily toward the development of a new-type power system, the growth of strategic emerging industries and the enhancement of high-quality power supply services, providing solid support for a strong start to the 15th Five-Year Plan period.
A strong start is decisive, and the opening moves sets the pace. China Southern Power Grid stays committed to the decisions and arrangements of the CPC Central Committee and the State Council, fully fulfilling its responsibilities as a centrally administered state-owned enterprise. Leveraging the power grid’s advantages-- large investment scale, long industrial chain, wide coverage, and strong spillover effects-- the company has expanded fixed-asset investment for five consecutive years. By appropriately advancing the deployment of energy and power infrastructure, it aims to better serve high-quality economic and social development.
Proactively serving the broader national agenda and fully advancing the implementation of major national strategies. China Southern Power Grid is actively supporting efforts to boost domestic consumption by using “two major” and “two new” projects to drive effective investment, and by advancing major projects under the “15th Five-Year Plan”. The company will intensify the renewal of grid infrastructure and digital and intelligent transformation with no less than RMB 50.6 billion to be invested in large-scale equipment renewal this year. To promote coordinated urban-rural regional development, the company will fully boost the construction of world-level bay area, advance power infrastructure development in Hainan ahead of demand and address weak links in grid facilities in Yunnan, Guizhou, and Guangxi. In Hainan, major projects including the 500kV offshore wind transmission are set to break ground this year, accelerating energy structure transformation and injecting strong momentum for Hainan Free Trade Port construction. In Guangxi, 220kV Weizhou Island cross-sea interconnection project has completed submarine cable laying and is scheduled to be commissioned in the first quarter of this year. In support of high-quality Belt and Road cooperation, thei China-Laos 500kV interconnection project is expected to be fully commissioned in the first half of the year.
Driving industrial upgrading and building a modern industrial system. China Southern Grid focuses on strengthening modern grid infrastructure, accelerate to built a backbone grid centered on flexible DC interconnections, intensify distribution network upgrades, and promote high-standard digital and intelligent grid planning and development. In Guangdong, the Guangzhou Tianhe Tangxia flexible DC project is scheduled to be commissioned by year-end. Using internationally leading multi-terminal flexible DC power interconnection control technology, the project will provide a new solution for reliable power supply to high-density load centers in mega-city grids. In Yunnan, the second interconnection project for Dulongjiang is planned to start construction in the first quarter, aiming to establish a demonstration zone for digital and intelligent microgrids. To foster and expand strategic emerging industries, China Southern Grid will accelerate the expansion and quality improvement of charging and battery-swapping infrastructure, strengthen the “Dianhong” ecosystem, and proactively deploy new frontiers such as marine energy and embodied intelligence. In Shenzhen, the largest vehicle-to-grid demonstration station in the Guangdong–Hong Kong–Macao Greater Bay Area will be commissioned in the first quarter, further accelerating the development of a “city of ultra-fast charging.” China Southern Grid will also promote high-quality and efficient power supply services by implementing a three-year action plan to improve power quality and launching targeted initiatives to enhance electricity services for people’s livelihoods. In Guizhou, power support projects for 610 clusters of rural wooden-house villages in the Qiandongnan Miao and Dong Autonomous Prefecture are scheduled to be fully completed and commissioned within the year.
Upholding dual-carbon goals and advancing “Two-Type” development. The company is supporting the high-quality development of renewable energy by coordinating large-scale development with high-level grid integration, enhancing the observability, controllability, and dispatchability of renewables, and improving intelligent dispatch and control capabilities. These efforts will support the addition of 40 million kilowatts of new renewable energy capacity this year. In Guangdong, the Yangjiang Sanshan Island offshore wind power flexible DC transmission project is more than halfway complete and is scheduled to be commissioned by year-end, delivering approximately 6 billion kWh of green electricity annually directly to the Guangdong–Hong Kong–Macao Greater Bay Area. To integrate into the national power productivity layout, construction of projects such as the Tibet–Guangdong DC transmission and Hunan–Guizhou flexible power interconnection is accelerating, facilitating the import of clean electricity from outside regions. CSG is also promoting the integrated development of electricity, carbon, and computing power, building new infrastructure that combines “power + computing,” upgrading the integrated operation platform, and advancing the development of a number of zero-carbon industrial parks and factories.
register now to attend Asia’s Largest Energy Storage Trade Show for free:
What: The 14th Energy Storage International Conference & Expo
When: Conferences: March 31 - April 2, 2026
Exhibitions: April 1-3, 2026
Where: CIECC Beijing, China
Adress: No. 55 Yudong road, Shunyi District, Beijing China
